LINE NFT Extends Messaging App’s Functionality

The decentralized online market for tokens that cannot be traded for conventional cash has been launched by the Japanese messaging service LINE. DOSI is the name of the specific operating system that it runs on.

Through the consumer-to-consumer (C2C) marketplace, users have the ability to buy and sell non-fungible tokens (NFTs) in any region of the world. On November 9, 2022, exactly one year after LINE declared its intentions to establish an NFT service, an announcement to this effect was released.

The company said that the LINE NFT marketplace was simple to use and accessible to everybody. Individuals might quickly begin purchasing and exchanging non-fungible tokens with only a few mouse clicks’ worth of effort required.

Non-fungible tokens, also known as NFTs, can record the ownership of both digital and physical assets if they are used in conjunction with blockchain technology or other cryptographic networks.

A cryptocurrency wallet, such as MetaMask, is required in order to purchase, sell, and store non-fungible tokens on the LINE NFT marketplace. If you do not have a cryptocurrency wallet, you will not be able to participate in these activities.

To get started, you will have to link your MetaMask to the DOSI platform so that you may use it. After that, choose a piece of artwork that was created by an NFT artist from the possibilities that LINE provides. At the time that this article was being published, the following collections were open to the public:

Drops.

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Ethers, which are also referred to as Ethereum tokens, credit cards, and Naver Pay are all valid forms of payment that can be used for the NFT. LINE claims that DOSI has drawn users from a significant number of countries all around the world.

It is said to have more than 100,000 DOSI Wallets and 170,000 membership NFTs. In addition to this, if you buy DOSI Citizens from the LINE NFT marketplace, you will gain access to a variety of additional benefits.

Users who make use of DOSI NFTs have the opportunity to build up membership points, which are symbolized by the symbol DON. To put it another way, individuals had the chance to gain these points by earning daily login points and inviting their friends to utilize the DOSI platform, which was both ways to earn points.

When a person has accumulated a certain quantity of DON throughout their time with the organization, they become eligible for special presents. You will need DON, for instance, in order to take part in the DOSI Weekly Adventure Raffle and be in the running to win blue chip NFTs.

The Japanese messaging provider plans to increase the total number of NFT projects it participates in at some point in the foreseeable future. Specifically, the Chief Executive Officer of LineNext, Youngsu Ko, elaborated further on the company’s long-term goals, which can be summarized as follows:

“We are dedicated to creating a new flavor of NFT experience for our clientele, and we are making this commitment.” This is not just an investment or a brand-new kind of technology; it is much more than that. DOSI is all about making non-financial transactions (NFTs) fundable and easy to use, as well as producing benefits for our users and growing communities.

In addition, DOSI can be accessible in a broad number of languages, such as English, Japanese, Chinese, Korean, Spanish, Thai, and Bahasa, to name a few of the available options.

Conclusion

LINE, a Japanese messaging software, only recently made the DOSI NFT platform available to its users. Users of MetaMask now have the ability to buy, trade, and store tokens that are not fungible with other cryptocurrencies.

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In exchange for their participation, these individuals are eligible for a chance to win one-of-a-kind gifts from an online shop. In addition to the LINE NFT marketplace, other technology businesses have also made enhancements to the cryptocurrency-related services they provide.

For example, Apple just very recently revised the guidelines that dictate how non-fungible tokens (NFTs) can be used on the App Store. Reading more articles from the Inquirer Tech is another way for you to alter your behavior to accommodate these shifts.

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